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Yahoo! Reports Fourth Quarter Results; Shares Tumble As Asian Assets Disappoint
Tuesday, January 28, 2014 - 5:55pm | 285Read More...Yahoo! (NASDAQ: YHOO) reported its fourth quarter results after the markets closed on Tuesday. The company announced an EPS of $0.46, beating the consensus estimate of $0.38. Revenue of $1.20 billion was in-line with expectations. Yahoo's display ad sales fell six percent year over year to $491...
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Is the Yahoo! Turnaround On Track?
Wednesday, January 30, 2013 - 9:35am | 1549Read More...One of the more interesting investment stories in the Internet space is the turnaround taking place at Yahoo (NASDAQ: YHOO). The company, which has seen its revenues fall sharply in recent years, has become a target of activist investors amid its struggles. In 2008, Carl Icahn purchased a large...
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Dan Loeb's Case For Owning Yahoo!
Wednesday, March 14, 2012 - 5:05pm | 1070Read More...In a recently released letter to investors in his mega-successful hedge fund, Third Point, Dan Loeb elaborated on his bullish thesis for Yahoo! Inc. (NASDAQ: YHOO) shares. In September, Loeb and Third Point publicly announced that it had accumulated 5.2% of the company, and in typical Loeb fashion...
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Yahoo Reportedly Planning Thousands of Layoffs
Monday, March 5, 2012 - 1:55pm | 435Read More...According to AllThingsD.com's Kara Swisher, Yahoo! (NASDAQ: YHOO) Chief Executive Officer Scott Thompson is planning a company wide restructuring that could see thousands of Yahoo employees being laid off. Swisher cited numerous unnamed sources with knowledge of the planned layoffs who said that...
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Yahoo Japan Scoops Up Location-based Mobile Ad Firm Cirius
Monday, August 16, 2010 - 11:10am | 82Read More...Yahoo, Inc (NASDAQ: YHOO) Japan (PINK:YAHOY) has acquired ad firm Cirius Technologies. Cirius is based in Tokyo and operates AdLocal, a service that targets consumers with ads. Cirius has about 30 employees. After the acquisition, Cirius will close its U.S. office in Sunnyvale, Calif. Terms of...
